Florida Senate - 2008 COMMITTEE AMENDMENT

Bill No. SB 2378

632662

CHAMBER ACTION

Senate

Comm: RS

4/1/2008

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House



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The Committee on Regulated Industries (Aronberg) recommended the

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following amendment:

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     Senate Amendment (with title amendment)

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     Delete everything after the enacting clause

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and insert:

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     Section 1.  Subsection (14) is added to section 550.054,

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Florida Statutes, to read:

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     550.054  Application for permit to conduct pari-mutuel

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wagering.--

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     (14) Any holder of a permit to conduct jai alai may apply

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to the division to convert such permit to a permit to conduct

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greyhound racing in lieu of jai alai if such permit is located in

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a county where the division has issued two pari-mutuel permits

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and the holder of the permit has not conducted jai alai games

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during the 10-year period immediately preceding his or her

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application for conversion under this subsection. The division,

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upon application from the holder of a jai alai permit meeting all

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conditions of this section, shall convert the permit and shall

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issue to the holder of the permit a permit and license to conduct

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greyhound racing. The holder of a permit converted pursuant to

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this subsection who operates at a leased facility pursuant to s.

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550.475 may move the location for which the permit has been

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issued to another location within a 30-mile radius of the

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location fixed in the permit issued in that county if the move

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does not cross the county boundary and such location is approved

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under the zoning regulations of the county or municipality in

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which the permit is located and, upon such relocation, may use

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the permit for the conduct of pari-mutuel wagering and the

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operation of a cardroom. The provisions of s. 550.6305(9)(d) and

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(f) shall continue to apply to any permit converted under this

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subsection which was previously included under and subject to

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such provisions.

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     Section 2.  Paragraph (b) of subsection (3) of section

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550.0951, Florida Statutes, is amended to read:

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     550.0951  Payment of daily license fee and taxes;

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penalties.--

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     (3)  TAX ON HANDLE.--Each permitholder shall pay a tax on

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contributions to pari-mutuel pools, the aggregate of which is

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hereinafter referred to as "handle," on races or games conducted

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by the permitholder. The tax is imposed daily and is based on the

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total contributions to all pari-mutuel pools conducted during the

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daily performance. If a permitholder conducts more than one

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performance daily, the tax is imposed on each performance

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separately.

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     (b)1.  The tax on handle for dogracing is 5.5 percent of the

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handle, except that for live charity performances held pursuant

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to s. 550.0351, and for intertrack wagering on such charity

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performances at a guest greyhound track within the market area of

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the host, the tax is 7.6 percent of the handle. Any permitholder

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whose live dogracing handle is greater than $20 million during

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the state fiscal year is entitled to an incentive tax rate. The

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tax on live handle from $20,000,001 to $25 million is 3 percent

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of such handle for the remainder of the state fiscal year. The

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tax on live handle greater than $25 million is 0.5 percent of

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such handle for the remainder of the state fiscal year. The

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incentive tax rates in this subsection shall be applied the

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following calendar day after the handle threshold is met.

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     2.  The tax on handle for jai alai is 7.1 percent of the

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handle.

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     Section 3.  Subsection (8) of section 550.615, Florida

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Statutes, is amended to read:

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     550.615  Intertrack wagering.--

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     (8) A In any three contiguous counties of the state where

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there are only three permitholders, all of which are greyhound

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permitholders, if any permitholder who leases the facility of

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another permitholder for all or any portion of the conduct of its

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live race meet pursuant to s. 550.475, such lessee may conduct

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intertrack wagering at its pre-lease permitted facility

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throughout the entire year, including while its live meet is

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being conducted at the leased facility, if such permitholder has

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conducted a full schedule of live racing during the preceding

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fiscal year at its pre-lease permitted facility or at a leased

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facility, or combination thereof.

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     Section 4.  This act shall take effect July 1, 2008.

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     Delete everything before the enacting clause

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and insert:

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A bill to be entitled

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An act relating to pari-mutuel wagering permitholders;

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amending s. 550.054, F.S.; providing for a jai alai

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permitholder meeting certain conditions to apply to the

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Division of Pari-mutuel Wagering to convert a permit to

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conduct jai alai to a permit to conduct greyhound racing;

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directing the division to issue a permit and license to

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conduct greyhound racing if certain conditions are met;

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providing for the relocation of certain permits; amending

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s. 550.0951, F.S.; revising the tax on handle for live

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dogracing; providing for an incentive tax on handle when

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the handle exceeds certain amounts; amending s. 550.615,

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F.S.; removing certain restrictions on conducting

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intertrack wagering at certain facilities; providing an

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effective date.

3/28/2008  7:20:00 PM     27-05982A-08

CODING: Words stricken are deletions; words underlined are additions.